Company
Date Published
Author
Joao Reginatto
Word count
336
Language
English
Hacker News points
None

Summary

Circle Internet Financial is enhancing the utility of its USDC digital currency by expanding support to new blockchains through the Centre Consortium, allowing developers to leverage the speed, scalability, and cost-efficiency of third-generation public chains. This expansion provides developers with robust ecosystems to build upon, particularly in areas such as financial applications, gaming, and commerce, using USDC on public chains. Circle's suite of products and APIs, which encompass payment acceptance, global payouts, custody, and digital dollar accounts infrastructure, supports these developments. Multi-Chain USDC is integrated across Circle's offerings, enabling compatibility with protocols optimized for specific use cases. Upcoming support for USDC on various blockchains such as Ethereum, Algorand, and Solana aims to empower applications in decentralized finance, trading, and financial inclusion, with further updates expected to enhance the accessibility and functionality of USDC across multiple platforms.